Energy firms fall as market ponders Middle East tensions

ReutersJun 12, 2025 2:06 PM

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S&P 500 energy index .SPNY falls 0.4% as oil prices edge lower

Brent crude futures LCOc1 down 1.2% at $68.92 a barrel; U.S. West Texas Intermediate (WTI) crude CLc1 falls 1.3% to $67.30 a barrel

Oil prices fall as market participants assessed U.S. decision to move personnel from Middle East ahead of talks with Iran over the country's nuclear-related activity

Oil majors Chevron CVX.N and Exxon Mobil XOM.N down 0.7% and 0.6%, respectively

Halliburton HAL.N, Valero Energy VLO.N and APA APA.O down between 1.7% and 2.4%; among top pct. losers on energy index

Refiner Marathon Petroleum MPC.N down 1.3%

Oilfield services firm Baker Hughes BKR.O down 1%

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